I have noticed that China has been selling US treasury bonds at the rate of 10 billion plus every month. US Congressional leaders are voicing need for stealing Chinas $835.00 billion US reserves. Is the China activity due to fear of US freezing Chinese assets or a recognition that US dollar is declining as a safe asset?
Hi Lena, I keep hearing that China is in more financial troubles that is being published. Can you comment on China's internal finances? Possibly in a future posting.
Argentina will apply for membership by tonight. Anyone see a geographical pattern here?
US can only, Only, trade by ship from Seattle/LA to Chile, Aus, Japan, Korea going West, and Jersey/Penn/Texas to EU through the Mediterranean. The Med is Nord Afrika instability, Ukraine back of mkt. area.
US is locked out of planet. Moving funds, or re-labeling funds by-to-over borders, nationalism does not change physical goods lack of traffic availability.
I have noticed that China has been selling US treasury bonds at the rate of 10 billion plus every month. US Congressional leaders are voicing need for stealing Chinas $835.00 billion US reserves. Is the China activity due to fear of US freezing Chinese assets or a recognition that US dollar is declining as a safe asset?
Hi Francisco! I would think it's the latter.
Nice article keep it up
Hi Lena, I keep hearing that China is in more financial troubles that is being published. Can you comment on China's internal finances? Possibly in a future posting.
Argentina will apply for membership by tonight. Anyone see a geographical pattern here?
US can only, Only, trade by ship from Seattle/LA to Chile, Aus, Japan, Korea going West, and Jersey/Penn/Texas to EU through the Mediterranean. The Med is Nord Afrika instability, Ukraine back of mkt. area.
US is locked out of planet. Moving funds, or re-labeling funds by-to-over borders, nationalism does not change physical goods lack of traffic availability.
Goodbye petro dollar.
Thomas 08/31/23 2nd day of the BRICS ,Summit their is tension between China and India , China did not show up for their speech . Tomorow
they will be announcing new members that will joint the BRICS these five countries will be accepted,
Saudi Arabia ,UAI , Egypt , Iran and Argentina .
Thank you
Thomas
Viability of coalition of fragile economies is a betting proposition.